ADDENDUM 1 TO SECURITIES PURCHASE AGREEMENT
This addendum to the securities purchase agreement dated May 29, 2008
(this "ADDENDUM") is dated as of June 5, 2008, among HANKERSEN INTERNATIONAL
CORP., a Delaware corporation (together with its successors and assigns, the
"COMPANY"), and the investors identified on the signature pages hereto (each, an
"INVESTOR" and collectively, the "INVESTORS").
WHEREAS, the Company and the Investors executed a certain securities
purchase agreement dated May 29, 2008 (the "SPA"); and
WHEREAS, pursuant to the promissory note ("Note") and the warrant
("Warrant") attached as exhibits to the SPA and to be delivered to the
Investors, the aggregate Investment Amount (as defined in the SPA) is $600,000;
and
WHEREAS, the parties to the SPA desire to increase the aggregate
Investment Amount to $700,000.
NOW, THEREFORE, in consideration of the mutual covenants contained in
this Agreement, and for other good and valuable consideration the receipt and
adequacy of which are hereby acknowledged, the Company and the Investors agree
as follows:
1. The aggregate Investment Amount shall be increased from $600,000 to
$700,000.
2. The provisions of the SPA, Note and Warrant, that do not conflict
with this Addendum shall remain the same and in full force and effect.
[Remainder of Page Intentionally Left Blank]
IN WITNESS WHEREOF, the parties hereto have caused this Addendum to be
duly executed by their respective authorized signatories as of the date first
indicated above.
HANKERSEN INTERNATIONAL CORP.
By: ________________________________
Name: Xxxxxxxxx Xxxx
Title: President
[Remainder of Page Intentionally Left Blank;
Signature Page for Investors Follows]
IN WITNESS WHEREOF, the parties hereto have caused this Addendum to be
duly executed by their respective authorized signatories as of the date first
indicated above.
NAME OF INVESTOR
--------------------------
By:
---------------------------------------
Name: ____________________
Title:
Investment Amount: $______________
Tax ID No.:
-------------------------------
ADDRESS FOR NOTICE
Street:________________________
City/State/Zip:_________________
Attention: ____________________
Tel: _________________________
Fax:
DELIVERY INSTRUCTIONS
(if different from above)
c/o:
--------------------------------------
Street:
-----------------------------------
City/State/Zip:
---------------------------
Attention:
--------------------------------
Tel:
